Notes Payable (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Notes Payable

The Company has entered into notes payable agreements with third parties, which consist of the following as of June 30, 2024 and December 31, 2023:

	June 30, 2024
(in thousands)	Contractual Maturity Date	Contractual Interest Rates	Unpaid Principal Balance		Fair Value Measurement Adjustments		Original Issue Discount and Proceeds Allocated to Warrants		Net Carrying Value
Secured SPA Notes	Various	10%-15%	$	74,931	$	(25,011)	$	(7,205)	$	42,715
Unsecured SPA Notes*	Various dates in 2029	10%-15%	12,815		189		(2,501)		10,503
Unsecured Convertible Notes	Various dates in 2024	4.27%	18,080		3,105		—		21,185
Notes payable – China other	Due on Demand	—%	4,878		—		—		4,878
Auto loans	October 2026	7%	64		—		—		64
			$	110,768	$	(21,717)	$	(9,706)	79,345
Less: Related party notes payable									$	(1,951)
Less: Notes payable, current portion									(77,394)
Total: Notes payable, less current portion									$	—

	December 31, 2023
(in thousands)	Contractual Maturity Date	Contractual Interest Rates	Unpaid Principal Balance		Fair Value Measurement Adjustments		Original Issue Discount and Proceeds Allocated to Warrants		Net Carrying Value
Secured SPA Notes	Various	10%-15%	$	100,052	$	(15,501)	$	(10,319)	$	74,232
Unsecured SPA Notes*	Various dates in 2029	10%-15%	13,885		1,208		(2,613)		12,480
Notes payable – China other	Due on Demand	—%	4,898						4,898
Auto loans	October 2026	7%	82						82
			$	118,917	$	(14,293)	$	(12,932)	91,692
Less: Related party notes payable									$	(542)
Less: Notes payable, current portion									$	(91,150)
Total: Notes payable, less current portion									$	—

* includes amounts attributed to the Unsecured Streeterville SPA

Schedule of Principal Maturities

The future scheduled principal maturities of notes payable as of June 30, 2024 are as follows:

(in thousands)
Due on demand	$	4,878
2024	16,580
2025	27,519
2026	64
2027	—
2028	—
2029	52,075
Thereafter	8,151
	$	109,267